His urgent call for real-time ledger systems follows Bithumb’s recent Bitcoin distribution error, highlighting systemic vulnerabilities in South Korea’s rapidly evolving digital asset ecosystem ...CryptoExchangeBalanceSync ... 2017-2020 ... FAQs.
Meanwhile, the FSSGovernor affirmed that the “incident bluntly exposed the structural flaws in virtual asset trading systems,” adding, “There are many aspects of the case that we view as extremely serious.”.
For release on February 9, 2026 FSS Supervisory Priorities for 2026 ...First, the FSS will continue to push forward internal innovation ... Second, the FSS will create a fair paradigm ... Third, the FSS will set up a firm financial system.
Governor of the Financial Supervisory Service (FSS), Lee Chan-jin, on Monday urged Bithumb users to return the assets the exchange accidentally sent during the ‘ghost Bitcoin’ incident ... FSS focuses its inspection capacity on high-risk incidents.
South Korea’s FSS is actively using new digital monitoring tools to identify and penalize whale manipulation and unfair trading practices on major exchanges ... While the FSS fights market ...
Wu Blockchain. @WuBlockchain·Follow. According to Yonhap, Korea’s FSS announced its 2026 plan on Feb 9... 18. Reply. Copy link. Read 8 replies. AI surveillance moves into crypto markets ... Some users sold the assets, triggering a sudden price drop ... ....
Consequently, the initiative forms a core component of the FSS’s annual work plan, signaling a new era of proactive financial market supervision ... The FSS’s move is likely informed by forensic analysis of such trading data.
The core of the FSS’s position rests on the legal principle of unjust enrichment ... The FSS asserts this principle applies unequivocally here ... What exactly did the FSS Governor say about the Bithumb mistake?.
These plans were made public after the FSS publicly shared its annual policy intentions on Monday, February 9, which consist of thorough investigations into unethical practices in the cryptocurrency market.